All About Rosetta, Glenorchy, TAS, 7010

Rosetta, located within the City of Glenorchy in Tasmania, offers a housing market that has garnered increased attention in recent years due to its picturesque surroundings and relatively affordable options. The suburb is nestled on the eastern bank of the Derwent River, providing many properties with stunning water views, which greatly enhances their appeal. The housing stock in Rosetta largely comprises traditional mid-century family homes, though there is a mix of modern developments as well, reflecting a gradual evolution in the area’s residential landscape. The market has seen steady growth, driven by both first-time buyers and investors looking for opportunities outside the more expensive Hobart central. The proximity to various amenities, schools, and shopping centers adds value to the properties here, making it an attractive option for families and professionals alike.

Living in Rosetta offers a serene lifestyle balanced by easy access to urban conveniences. The community is known for its welcoming and family-friendly atmosphere, with various parks and recreational areas, such as the popular Montrose Foreshore Community Park, which provides residents with opportunities for outdoor activities and community engagement. The educational facilities, including primary and secondary schools in and around Rosetta, are well-regarded, making it a practical location for families with children. With the Hobart CBD only about a 15-minute drive away, residents enjoy the best of both worlds - the peace of suburban life with the amenities and employment opportunities of the city within easy reach. Overall, Rosetta is a charming suburb that offers a blend of natural beauty, community spirit, and practical living, attracting a diverse range of residents seeking a balanced lifestyle.

Rosetta Real Estate Market Outlook

Thinking about buying in Rosetta? Now could not be a better time, with 1480 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $340,000 with prices in this suburb ranging from $18,000 to $2,208,000. The aproximate distance to the coast is 14 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Rosetta due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Rosetta provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Rosetta necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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